Trading the same stock each day

Quote from mike007:

Why not play both sides so when you stock dies you make money?

Yes, been playing UAUA long and short and in fact it's been a money-maker even in the tight ranges of the mid-day doldrums, great for predictable .20 cent moves.
 
Been daytrading T almost exclusively for almost 2 years-i buy the dips and short the the rallies- i do about 5-10 roundtrips everyday with T...I also trade about 5 other dow30 stocks like mcd,ko,vz when they are setting up nicely however T is the best.I never trade outside of the dow30 stocks.
 
I am a stock "nomad". I trade a stock option and get the hell out. I would not even able to tell you what I traded at the beginning of the year. Right now I have a watch list of like 100 stocks (I usually have like 20) that will feed me with setups for weeks.
 
Quote from dsq:

Been daytrading T almost exclusively for almost 2 years-i buy the dips and short the the rallies- i do about 5-10 roundtrips everyday with T...I also trade about 5 other dow30 stocks like mcd,ko,vz when they are setting up nicely however T is the best.I never trade outside of the dow30 stocks.

Excuse my ignorance, but what is T?
 
Quote from mike007:

Why not play both sides so when you stock dies you make money?

Of course you should be able to play both sides. By "dies" I don't mean collapses in price... I mean becomes grindy, lower volume, tigher range, and no longer "active" or "in play"... i.e. you don't have tons of orderflow going on in it.
 
Quote from dsq:

its the ticker symbol for ...well,just type it in for a quote.


That is what I love about this website, god for bid you gave her a straight answer you douche!

T = Telephone on the NYSE "AT&T, Inc."
 
Some of my favorite past time stocks were back in '06

ERS, EQ, NVR, ATI, TIE..I made some damn good money on the short side with SUF.

When I was daytrading equities heavily, i would always be on both sides of the trade.
 
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